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zamb
@zambr
As of September 2024, the U.S. unemployment rate slightly decreased to 4.2% after a recent rise due to temporary layoffs earlier in the year. Although the job market has cooled, wage growth continues to outpace inflation, especially benefiting lower and middle-income workers. August 2024 saw an annual wage growth of 3.8%. Inflation remains moderate, with the Consumer Price Index (CPI) showing a 2.5% increase over the last 12 months, mainly driven by rising costs in food services and housing
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